Summary
The global Medical Tourism Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
Medical tourism refers to visitors traveling overseas to receive medical attention. Initially, this generally referred to individuals who traveled to less-developed nations to receive treatment unavailable in their home country. However, today medical tourism includes visits to all corners of the world.
The popularity of medical tourism is on the rise because of its convenience. Individuals don't have to travel to a country in order to get medical care and because the cost of travel abroad is much less than the cost of staying in a country for an extended period of time, the total travel cost is also significantly less.
Factors such as affordability and accessibility of high-quality healthcare services from tourism departments are propelling the growth of the medical tourism market. Patients can avail of neurological treatment, dental treatment, and cardiovascular treatment medical tourism services. Moreover, the availability of the latest medical technologies in medical tourism hubs is again projected to increase the medical tourism market size. The government is taking initiatives to support key players to expand their business on a global level. For instance, in February 2018, the government announced prerequisites for issuing smart visas for professionals or entrepreneurs interested in investing in new businesses, which will help international medical tourism providers to expand their business in Thailand with incentives such as the allowance of a 4-year visa period.
North America is expected to witness significant growth over the forecast period and this is attributed to the increasing medical tourism industry in the region. According to the India Brand Equity Foundation, the country is witnessing 22-25 percent growth in medical tourism and healthcare providers expect the industry will double to $6 billion by 2018 from $3 billion in 2017. Patients from Africa and the Middle East access private healthcare in India due to a lack of facilities and doctors back home. Medical tourists from Europe and the US come here for cosmetic surgeries that are not covered by insurance.
Key Developments:
- In January 2018, The government has launched a single-window portal in order to promote medical and wellness tourism in India
- In October 2021, The University of the Incarnate Word's Center for Medical Tourism Research (CMTR), in partnership with Centro Fox, has presented a special seminar titled "Strategies for the Development and Management of International Medical Tourism.
The Medical Tourism Market report highlights product development and growth strategies such as mergers and acquisitions adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Medical Tourism Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- Pantai Holdings Berhad
- KPJ Healthcare Berhad
- Dentalpro
- Prince Court Medical Centre
- Island Hospital
- IJN Health Institute
- Mahkota Medical Centre
- Sunway Medical Centre
- LohGuanLye Specialists Centre
- Tropicana Medical Centre
By Product Type, the market is primarily segmented into:
- Cardio Internal Medicine
- Cardiothoracic Surgery
- Oncology
- Fertility Treatments
- Orthopedic Treatment
- Other
By Applications, the market is segmented into:
- Application 1
- Application 2
The report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Medical Tourism Market Report:
- To assess the size of the market by value and volume
- Analyze the Medical Tourism Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Medical Tourism Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of –the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact growth of the Medical Tourism Market
The Medical Tourism Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Medical Tourism Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Contents
Medical Tourism Market Report by Company, Regions, Types and Applications, Global Status and Forecast to 2025
1 Industry Overview of Medical Tourism
1.1 Medical Tourism Market Overview
1.1.1 Medical Tourism Product Scope
1.1.2 Market Status and Outlook
1.2 Global Medical Tourism Market Size and Analysis by Regions
1.2.1 North America
1.2.2 Europe
1.2.3 China
1.2.4 Rest of Asia Pacific
1.2.5 Central & South America
1.2.6 Middle East & Africa
1.3 Medical Tourism Market by Type
1.3.1 Global Medical Tourism Revenue (Million US$) and Growth Comparison by Type (2014-2025)
1.3.2 Global Medical Tourism Revenue Market Share by Type in 2018
1.3.3 Cardio Internal Medicine
1.3.4 Cardiothoracic Surgery
1.3.5 Oncology
1.3.6 Fertility Treatments
1.3.7 Orthopedic Treatment
1.3.8 Other
1.4 Medical Tourism Market by End Users/Application
1.4.1 Application 1
1.4.2 Application 2
2 Global Medical Tourism Competition Analysis by Players
2.1 Global Medical Tourism Market Size (Million US$) by Players (2014-2019)
2.2 Competitive Status
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 Mergers & Acquisitions, Expansion Plans
3 Company (Top Players) Profiles and Key Data
3.1 Pantai Holdings Berhad
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Medical Tourism Revenue (Value) (2014-2019)
3.1.5 Recent Developments
3.2 KPJ Healthcare Berhad
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Medical Tourism Revenue (Value) (2014-2019)
3.2.5 Recent Developments
3.3 Dentalpro
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Medical Tourism Revenue (Value) (2014-2019)
3.3.5 Recent Developments
3.4 Prince Court Medical Centre
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Medical Tourism Revenue (Value) (2014-2019)
3.4.5 Recent Developments
3.5 Island Hospital
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Medical Tourism Revenue (Value) (2014-2019)
3.5.5 Recent Developments
3.6 IJN Health Institute
3.6.1 Company Profile
3.6.2 Main Business/Business Overview
3.6.3 Products, Services and Solutions
3.6.4 Medical Tourism Revenue (Value) (2014-2019)
3.6.5 Recent Developments
3.7 Mahkota Medical Centre
3.7.1 Company Profile
3.7.2 Main Business/Business Overview
3.7.3 Products, Services and Solutions
3.7.4 Medical Tourism Revenue (Value) (2014-2019)
3.7.5 Recent Developments
3.8 Sunway Medical Centre
3.8.1 Company Profile
3.8.2 Main Business/Business Overview
3.8.3 Products, Services and Solutions
3.8.4 Medical Tourism Revenue (Value) (2014-2019)
3.8.5 Recent Developments
3.9 LohGuanLye Specialists Centre
3.9.1 Company Profile
3.9.2 Main Business/Business Overview
3.9.3 Products, Services and Solutions
3.9.4 Medical Tourism Revenue (Value) (2014-2019)
3.9.5 Recent Developments
3.10 Tropicana Medical Centre
3.10.1 Company Profile
3.10.2 Main Business/Business Overview
3.10.3 Products, Services and Solutions
3.10.4 Medical Tourism Revenue (Value) (2014-2019)
3.10.5 Recent Developments
4 Global Medical Tourism Market Size by Type and Application (2014-2019)
4.1 Global Medical Tourism Market Size by Type (2014-2019)
4.2 Global Medical Tourism Market Size by Application (2014-2019)
4.3 Potential Application of Medical Tourism in Future
4.4 Top Consumer/End Users of Medical Tourism
5 North America Medical Tourism Development Status and Outlook
5.1 North America Medical Tourism Market Size (2014-2019)
5.2 North America Medical Tourism Market Size and Market Share by Players (2014-2019)
5.3 North America Medical Tourism Market Size by Application (2014-2019)
6 Europe Medical Tourism Development Status and Outlook
6.1 Europe Medical Tourism Market Size (2014-2019)
6.2 Europe Medical Tourism Market Size and Market Share by Players (2014-2019)
6.3 Europe Medical Tourism Market Size by Application (2014-2019)
7 China Medical Tourism Development Status and Outlook
7.1 China Medical Tourism Market Size (2014-2019)
7.2 China Medical Tourism Market Size and Market Share by Players (2014-2019)
7.3 China Medical Tourism Market Size by Application (2014-2019)
8 Rest of Asia Pacific Medical Tourism Development Status and Outlook
8.1 Rest of Asia Pacific Medical Tourism Market Size (2014-2019)
8.2 Rest of Asia Pacific Medical Tourism Market Size and Market Share by Players (2014-2019)
8.3 Rest of Asia Pacific Medical Tourism Market Size by Application (2014-2019)
9 Central & South America Medical Tourism Development Status and Outlook
9.1 Central & South America Medical Tourism Market Size (2014-2019)
9.2 Central & South America Medical Tourism Market Size and Market Share by Players (2014-2019)
9.3 Central & South America Medical Tourism Market Size by Application (2014-2019)
10 Middle East & Africa Medical Tourism Development Status and Outlook
10.1 Middle East & Africa Medical Tourism Market Size (2014-2019)
10.2 Middle East & Africa Medical Tourism Market Size and Market Share by Players (2014-2019)
10.3 Middle East & Africa Medical Tourism Market Size by Application (2014-2019)
11 Market Forecast by Regions and Application (2019-2025)
11.1 Global Medical Tourism Market Size by Regions (2019-2025)
11.1.1 North America Medical Tourism Revenue and Growth Rate (2019-2025)
11.1.2 Europe Medical Tourism Revenue and Growth Rate (2019-2025)
11.1.3 China Medical Tourism Revenue and Growth Rate (2019-2025)
11.1.4 Rest of Asia Pacific Medical Tourism Revenue and Growth Rate (2019-2025)
11.1.5 Central & South America Medical Tourism Revenue and Growth Rate (2019-2025)
11.1.6 Middle East & Africa Medical Tourism Revenue and Growth Rate (2019-2025)
11.2 Global Medical Tourism Market Size by Application (2019-2025)
11.3 The Market Drivers in Future
12 Medical Tourism Market Dynamics
12.1 Industry Trends
12.2 Market Drivers
12.3 Market Challenges
12.4 Porters Five Forces Analysis
13 Research Finding /Conclusion
14 Methodology and Data Source
14.1 Methodology/Research Approach
14.1.1 Research Programs/Design
14.1.2 Market Size Estimation
14.1.3 Market Breakdown and Data Triangulation
14.2 Data Source
14.2.1 Secondary Sources
14.2.2 Primary Sources
14.3 Disclaimer
14.4 Author List
List of Table
List of Tables and Figures
Figure Global Medical Tourism Market Size (Million USD) Status and Outlook (2014-2025)
Table Global Medical Tourism Market Size (Million USD) and Growth Rate by Regions (2014-2025)
Figure Global Medical Tourism Market Share by Regions (2014-2019)
Figure North America Medical Tourism Market Size (Million USD) and Growth Rate (2014-2019)
Figure Europe Medical Tourism Market Size (Million USD) and Growth Rate (2014-2019)
Figure China Medical Tourism Market Size (Million USD) and Growth Rate (2014-2019)
Figure Rest of Asia Pacific Medical Tourism Market Size (Million USD) and Growth Rate (2014-2019)
Figure Central & South America Medical Tourism Market Size (Million USD) and Growth Rate (2014-2019)
Figure Middle East & Africa Medical Tourism Market Size (Million USD) and Growth Rate (2014-2019)
Figure Global Medical Tourism Market Share by Type in 2018 & 2025
Figure Cardio Internal Medicine Market Size (Million USD) and Growth Rate (2014-2019)
Figure Cardiothoracic Surgery Market Size (Million USD) and Growth Rate (2014-2019)
Figure Oncology Market Size (Million USD) and Growth Rate (2014-2019)
Figure Fertility Treatments Market Size (Million USD) and Growth Rate (2014-2019)
Figure Orthopedic Treatment Market Size (Million USD) and Growth Rate (2014-2019)
Figure Other Market Size (Million USD) and Growth Rate (2014-2019)
Table Global Medical Tourism Market Size (Million US$) Comparison by Application (2014-2025)
Figure Global Medical Tourism Market Share by Application in 2018 & 2025
Figure Medical Tourism Market Size (Million USD) and Growth Rate in Application 1 (2014-2019)
Figure Medical Tourism Market Size (Million USD) and Growth Rate in Application 2 (2014-2019)
Table Global Medical Tourism Revenue (Million US$) by Players (2014-2019)
Table Global Medical Tourism Revenue Market Share by Players (2014-2019)
Eigure Medical Tourism Market Size Share by Players in 2018
Table Global Medical Tourism Manufacturers Market Concentration Ratio (CR5 and HHI)
Figure Global Top 5 Players Medical Tourism Market Share in 2018
Figure Global Top 10 Players Medical Tourism Market Share in 2018
Table Medical Tourism Key Players Product/Service
Table Mergers & Acquisitions, Expansion Plans
Table Pantai Holdings Berhad Basic Information List
Table Pantai Holdings Berhad Description and Business Overview
Table Pantai Holdings Berhad Medical Tourism Products, Services and Solutions
Table Revenue (Million US$) in Medical Tourism Business of Pantai Holdings Berhad (2014-2019)
Table Pantai Holdings Berhad Medical Tourism Recent Developments
Table KPJ Healthcare Berhad Basic Information List
Table KPJ Healthcare Berhad Description and Business Overview
Table KPJ Healthcare Berhad Medical Tourism Products, Services and Solutions
Table Revenue (Million US$) in Medical Tourism Business of KPJ Healthcare Berhad (2014-2019)
Table KPJ Healthcare Berhad Medical Tourism Recent Developments
Table Dentalpro Basic Information List
Table Dentalpro Description and Business Overview
Table Dentalpro Medical Tourism Products, Services and Solutions
Table Revenue (Million US$) in Medical Tourism Business of Dentalpro (2014-2019)
Table Dentalpro Medical Tourism Recent Developments
Table Prince Court Medical Centre Basic Information List
Table Prince Court Medical Centre Description and Business Overview
Table Prince Court Medical Centre Medical Tourism Products, Services and Solutions
Table Revenue (Million US$) in Medical Tourism Business of Prince Court Medical Centre (2014-2019)
Table Prince Court Medical Centre Medical Tourism Recent Developments
Table Island Hospital Basic Information List
Table Island Hospital Description and Business Overview
Table Island Hospital Medical Tourism Products, Services and Solutions
Table Revenue (Million US$) in Medical Tourism Business of Island Hospital (2014-2019)
Table Island Hospital Medical Tourism Recent Developments
Table IJN Health Institute Basic Information List
Table IJN Health Institute Description and Business Overview
Table IJN Health Institute Medical Tourism Products, Services and Solutions
Table Revenue (Million US$) in Medical Tourism Business of IJN Health Institute (2014-2019)
Table IJN Health Institute Medical Tourism Recent Developments
Table Mahkota Medical Centre Basic Information List
Table Mahkota Medical Centre Description and Business Overview
Table Mahkota Medical Centre Medical Tourism Products, Services and Solutions
Table Revenue (Million US$) in Medical Tourism Business of Mahkota Medical Centre (2014-2019)
Table Mahkota Medical Centre Medical Tourism Recent Developments
Table Sunway Medical Centre Basic Information List
Table Sunway Medical Centre Description and Business Overview
Table Sunway Medical Centre Medical Tourism Products, Services and Solutions
Table Revenue (Million US$) in Medical Tourism Business of Sunway Medical Centre (2014-2019)
Table Sunway Medical Centre Medical Tourism Recent Developments
Table LohGuanLye Specialists Centre Basic Information List
Table LohGuanLye Specialists Centre Description and Business Overview
Table LohGuanLye Specialists Centre Medical Tourism Products, Services and Solutions
Table Revenue (Million US$) in Medical Tourism Business of LohGuanLye Specialists Centre (2014-2019)
Table LohGuanLye Specialists Centre Medical Tourism Recent Developments
Table Tropicana Medical Centre Basic Information List
Table Tropicana Medical Centre Description and Business Overview
Table Tropicana Medical Centre Medical Tourism Products, Services and Solutions
Table Revenue (Million US$) in Medical Tourism Business of Tropicana Medical Centre (2014-2019)
Table Tropicana Medical Centre Medical Tourism Recent Developments
Table Global Medical Tourism Market Size by Type (2014-2019) (Million US$)
Figure Global Medical Tourism Revenue Market Share by Type in 2018
Table Global Medical Tourism Market Size by Application (2014-2019) (Million US$)
Figure Global Medical Tourism Revenue Market by Application in 2018
Table Top Consumer/End Users of Medical Tourism
Figure North America Medical Tourism Market Size and Growth Rate(2014-2019) (Million USD)
Table North America Medical Tourism Market Size by Players (2014-2019)(Million US$)
Figure North America Medical Tourism Market Size Share by Players in 2018
Table North America Medical Tourism Market Size by Application (2014-2019) (Million US$)
Figure North America Medical Tourism Revenue Market Share by Application (2014-2019)
Figure North America Medical Tourism Market Size Share by Application in 2018
Figure Europe Medical Tourism Market Size and Growth Rate(2014-2019) (Million USD)
Table Europe Medical Tourism Market Size by Players (2014-2019)(Million US$)
Figure Europe Medical Tourism Market Size Share by Players in 2018
Table Europe Medical Tourism Market Size by Application (2014-2019) (Million US$)
Figure Europe Medical Tourism Revenue Market Share by Application (2014-2019)
Figure Europe Medical Tourism Market Size Share by Application in 2018
Figure China Medical Tourism Market Size and Growth Rate(2014-2019) (Million USD)
Table China Medical Tourism Market Size by Players (2014-2019)(Million US$)
Figure China Medical Tourism Market Size Share by Players in 2018
Table China Medical Tourism Market Size by Application (2014-2019) (Million US$)
Figure China Medical Tourism Revenue Market Share by Application (2014-2019)
Figure China Medical Tourism Market Size Share by Application in 2018
Figure Rest of Asia Pacific Medical Tourism Market Size and Growth Rate(2014-2019) (Million USD)
Table Rest of Asia Pacific Medical Tourism Market Size by Players (2014-2019)(Million US$)
Figure Rest of Asia Pacific Medical Tourism Market Size Share by Players in 2018
Table Rest of Asia Pacific Medical Tourism Market Size by Application (2014-2019) (Million US$)
Figure Rest of Asia Pacific Medical Tourism Revenue Market Share by Application (2014-2019)
Figure Rest of Asia Pacific Medical Tourism Market Size Share by Application in 2018
Figure Central & South America Medical Tourism Market Size and Growth Rate(2014-2019) (Million USD)
Table Central & South America Medical Tourism Market Size by Players (2014-2019)(Million US$)
Figure Central & South America Medical Tourism Market Size Share by Players in 2018
Table Central & South America Medical Tourism Market Size by Application (2014-2019) (Million US$)
Figure Central & South America Medical Tourism Revenue Market Share by Application (2014-2019)
Figure Central & South America Medical Tourism Market Size Share by Application in 2018
Figure Middle East & Africa Medical Tourism Market Size and Growth Rate(2014-2019) (Million USD)
Table Middle East & Africa Medical Tourism Market Size by Players (2014-2019)(Million US$)
Figure Middle East & Africa Medical Tourism Market Size Share by Players in 2018
Table Middle East & Africa Medical Tourism Market Size by Application (2014-2019) (Million US$)
Figure Middle East & Africa Medical Tourism Revenue Market Share by Application (2014-2019)
Figure Middle East & Africa Medical Tourism Market Size Share by Application in 2018
Figure Global Medical Tourism Market Size and Growth Rate (Value) (2019-2025) (Million US$)
Table Global Medical Tourism Market Size by Regions (2019-2025) (Million US$)
Figure Global Medical Tourism Market Size Share by Regions (2019-2025)
Figure Global Medical Tourism Market Size Share by Regions in 2025
Figure North America Medical Tourism Revenue (Million USD) and Growth Rate (2019-2025)
Figure Europe Medical Tourism Revenue (Million USD) and Growth Rate (2019-2025)
Figure China Medical Tourism Revenue (Million USD) and Growth Rate (2019-2025)
Figure Rest of Asia Pacific Medical Tourism Revenue (Million USD) and Growth Rate (2019-2025)
Figure Central & South America Medical Tourism Revenue (Million USD) and Growth Rate (2019-2025)
Figure Middle East & Africa Medical Tourism Revenue (Million USD) and Growth Rate (2019-2025)
Table Global Medical Tourism Market Size by Application (2019-2025) (Million USD)
Figure Global Medical Tourism Market Size by Application (2019-2025)
Figure Global Medical Tourism Market Size by Application in 2025
Table Global Medical Tourism Market Size by Type (2019-2025) (Million US$)
Figure Global Medical Tourism Market Size by Type (2019-2025)
Figure Global Medical Tourism Market Size by Type in 2025
Table Market Top Trends
Table Key Drivers: Impact Analysis (2019-2025)
Table Key Challenges
Figure Porter's Five Forces Analysis
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources
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